Need for agri reforms, says Kamal Nath

New Delhi, Oct 28 | Updated: Oct 29 2004, 05:49am hrs
Commerce minister Kamal Nath said that there was a genuine need for agricultural reforms on the part of the developing countries. The minister, at the WTO consultation, organised by the United Nations Conference Trade and Development (UNCTAD), also underlined the need to have a development friendly non-agricultural market access (NAMA) framework.

Though exports of services from India was growing 2.2 times from India, domestic reform was key to maintain the momentum. According to an official release, India and developing countries would gain significantly from liberalisation of world trade in services in the negotiations in the World Trade Organisation (WTO).

Mr Kamal Nath also expressed hope that the services sector would be liberalised further.